ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
May
21

Lifelong Learning and Adult Education: Should You Take a Dance and/or a Computer Programming Class?

That there is a persistent demand for adult education should come as no surprise. Most people would agree that learning is a lifelong process. A distinction, however, should be made between the notion of learning understood as a process of self-discovery over one’s lifetime, and learning understood in terms of the acquisition of a certain set of skills, often for the purpose of advancing one’s position in the labor market. The two notions, although distinct, are related. It can be argued, for example, that the more skills we have, the more we can engage ...
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May
14

Air Quality in Georgia. How Are We Doing?

If you are a governmental stakeholder, civil society organization, research institute or a concerned citizen pondering the state of the environment, the biennial Environmental Performance Index (EPI) tells an inconvenient truth regarding the trajectory of each country and their performance. The rankings provide unpolished results concerning countries and their commitments, or lack thereof, to the Sustainable Development Goals (SDGs) and other complementary international agreements. The EPI list should provide signposts for policymakers to fathom what act...
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May
12

Is Abkhazia Consuming Too Much? – March 2018 Electricity Market Review

In March 2018, Georgian power plants generated 997 mln. KWh of electricity (+35% compared to March 2017, and + 7% compared to February 2018). Nearly a quarter (24 %) of this electricity was produced by the Enguri and Vardnili hydropower plants, which produced 188 mln. kWh and 49 mln. kWh, respectively. Consumption of electricity on the local market was 1,116 mln. kWh (+9% compared to March 2017, and +5% compared to February 2018). Around 19% of this electricity was consumed by Abkhazia (207 mln. kWh). The Enguri and Vardnili HPPs represent nearly the onl...
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May
07

Georgia’s Economy Grows, Agriculture Shrinks: What Should We Do?

Since 2012, when the political party Georgian Dream took leadership of the country’s governance, economic [real] growth reached its highest rate in 2017 (5.0%). The drivers of this growth were construction (11.2%), hotels and restaurants (11.2%) and the financial sector (9.2%). However, a few sectors of the economy declined in 2017, and one was agriculture (-2.7%). Experts on this sector agree that 2017 was a “bad year” for Georgia’s agriculture. Winter lasted longer and spring frost damaged fruit plantations. This was followed by some periods of drought...
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Simon Appleby
The growth in the construction industry is largely driven by foreign investment, both equity and debt, and supplemented by locally... Read More
Monday, 07 May 2018 10:10 AM
Pati
Thanks, Simon!Nobody should question the importance of FDI for Georgian agriculture. What we should question, however, is the tran... Read More
Tuesday, 22 May 2018 3:03 PM
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Apr
16

The Knowing of Not Knowing in Water Management (and how to tackle the issue)

  The Georgian government is currently facing some tremendous challenges in adjusting to the EU Association Agreement (AA). A particularly problematic area of reform concerns the implementation of Directive 2000/60/EC, aka the European Water Framework Directive (WFD). Properly managing water resources is an extremely difficult endeavor that requires a deep understanding of all the mechanisms at work. Failing to adequately manage water resources could have profound and long lasting negative consequences, both in terms of the development perspectives ...
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Apr
08

Can Quotas Do It?!

Despite substantial improvements in education, professional development and political participation, women remain underrepresented in leadership positions in politics, and Georgia is no exception. In 2017, the country ranked in 94th place (out of 144), according to the Global Gender Gap index (GGI),1 which indicates that Georgia is not performing well in closing the gender gap. The GGI serves as a comprehensive and consistent measure for gender equality, which can track a country’s progress over time. Economic participation and opportunity, educational a...
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Eric Livny
Great article, Lika!A question/suggestion. How about introducing a 40%-50% gender quota for a LIMITED period of 10-12 years? This ... Read More
Tuesday, 10 April 2018 2:02 PM
Lika Goderdzishvili
Thank you, Eric! That could be an option in general, however, political environment and institutional development play a crucia... Read More
Tuesday, 10 April 2018 3:03 PM
Florian Biermann
The article discusses the technical question of how one could implement a quote. The question whether a quota is a good idea in th... Read More
Wednesday, 02 May 2018 3:03 PM
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